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Opto Circuits India > Company History > Hospitals & Medical Services > Company History of Opto Circuits India - BSE: 532391, NSE: OPTOCIRCUI
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Opto Circuits India
BSE: 532391|NSE: OPTOCIRCUI|ISIN: INE808B01016|SECTOR: Hospitals & Medical Services
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Company History - Opto Circuits India
2002-Opto Circuits enters into an agreement with HLL to buy the
 business line of Digital Thermometers.
 
 2003
 -Out come of AGM
          Payment of dividend of 30% for FY-03
          Increase in Authorised Capital from Rs 120 million to Rs 200
 million 
          Issue of Bonus Shares in the ratio of 2 equity shares for
 every 10 equity shares 
          Delisting of shares from Hyderabad & Bangalore Stock
 Exchanges 
          Allotment of equity shares under ESOP
          Issue of equity shares on preferential allotment to
 promoters as per SEBI guidelines.
 
 
 2004
 
 -Opto Circuits India Ltd has informed that the Equity shares of the
 Company have been delisted from The Bangalore Stock Exchange with
 effect from March 1, 2004 and The Hyderabad Stock Exchanges with
 effect from March 31, 2004.
 
 2005
 
 -Opto Circuits acquires Eurocor Gmbh, German
 
 -Opto Circuits India Ltd has informed that the Company has signed a
 Letter of Intent to acquire a Medical Equipment Company in Europe.
 
 
 2006
 
 -Opto Circuits - Eurocor signs distribution agreement with Fumedica
 AG
 
 -Opto Circuits India Ltd has informed that the Company has acquired
 M/s Altron Industries (Pvt) Ltd, Bangalore for approximate
 consideration of Rs 5.20 million to enhance the Companys
 manufacturing capacity.
 
 -Opto Circuits subsidiary inks agreement with Brazil distributor
 
 2007
 
 -The Company has issued Bonus Shares in the Ratio of 1:2.
 
 -Opto Circuits India Ltd has informed that the Company has signed
 purchase agreements to acquire Medical Equipment Companies in India
 namely Devon Innovations Pvt Ltd and Ormed Medical Technology Ltd.
 
 -Opto Circuits India Ltd has informed that the Company has entered
 into a Technology Transfer agreement with Elpro Srl  Italy to
 develop, manufacture, and market different variants of Electro Cardio
 Graphs Machines (ECG Machines). 
 
 -Opto Circuits receives USFDA approval for its New Gen. Pulse
 Oximeters
 
 
 2008
 
 -The Company has issued Bonus Shares in the Ratio of 7:10.
 
 -Opto Circuits to acquire US co for mn
 
 2009
 
 -Opto subsidiary in US signs OEM agreement with another US Company
 for anesthetic gas monitoring technology
 
 -Opto Circuits' US subsidiary launches next-gen patient monitor at
 German show - MEDICA 2009
 
 -Opto subsidiary in US signs agreement with European Company for
 patient monitoring products
 
 
 2010
 
 - Opto Circuits acquisition of Unetixs Vascular creates strong
 synergies for Criticare Systems.
 
 - Opto Circuits Successfully Completes Acquisition of Cardiac
 Science.
 
 - Opto Circuits forays into manufacturing of cardiac stents -
 acquires Kolkata based N.S. Remedies.
 
 
 2011
 
 - Opto Circuits presents Bangalore Metro Rail Corporation Ltd. it's
 first public access defibrillator.
 
 - Opto Circuits launches campaign to promote heart safe environments
 on World Heart Day.
 
 - Opto Circuits ranked amongst Forbes' Asia's 200 Best Under a
 Billion companies for third year.
 
 - Opto Circuits' Powerheart ® AEDs to Combat Sudden Cardiac Arrest at
 Hong Kong Department of Health.
 
 
 2012
 
 - Opto Circuits launches new Powerheart G5 AED.
 
 - Opto Circuits Supplies AEDs to 2012 UEFA European Football
 Championship.
 
 - Opto Circuits launches its first Sirolimus Drug Eluting Stent.
 
 - Opto Circuits (India) secures BBB+ rating for credit facilities
 sanctioned by multiple banks.
Source : Dion Global Solutions Limited
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